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    Lighthouse East Tower Condos
    by The Daniels Corporation

    20 Richardson Street

    4for Sale
    17for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    36
    Number of Units:
    300
    Condo Completion:
    2020
    Condo Demand:
    Medium
    Unit Size Range:
    302 - 1,099 SQFT
    Unit Availability:
    High
    Property Management:
    ICC Property Management Toronto

    Listing History for Lighthouse East Tower Condos

    Amenities

    Gym Room
    Rooftop Deck
    Visitor Parking
    Bike Storage
    Concierge
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 20 Richardson StreetLighthouse East Tower Condos

    The Lighthouse East Tower Condos strike an impressive figure at 20 Richardson Street, rising 34 storeys and clad in glass and stone. The unique wavelike façade and balconies were designed to mirror the rippling waters of Lake Ontario, an effect that’s heightened by the building’s close proximity to the Lake itself.

    Developed by Daniel Corps, the same people behind the Regent Park standout, PaintBox Condos, 20 Richardson St carries all of the hallmarks that buyers expect from modern downtown Toronto condos.

    Residents of this 2020 built condo tower enjoy a desirable collection of amenities that scream luxury — from the tennis courts to communal lounge and terraces, the entire complex was designed to wow residents. And amenities weren’t just designed for luxury as residents also enjoy the usual extras such as a fitness centre, underground parking party room, concierge, and more.

    For buyers who miss out on landing a unit at 20 Richardson Street, there’s really no reason to fret, because just next door you’ll find the Lighthouse West Tower, offering a nearly identical living environment.

    The Suites

    Lighthouse East Tower Condos stands 36 storeys tall and contains 300 units. Suites come in a range of different sizes and floor plans, though all are open concept, with floor to ceiling windows and spacious private balconies. Studios in the building start at just under 400 square feet, and the largest 2 bedroom + den suites can reach 1099 square feet.

    There’s a lot to love about the suites at 20 Richardson St, and with layouts named “Champagne” and “Venice Beach” even the names of floor plans are something to be appreciated. Prospective buyers can expect to encounter engineered hardwood flooring, European style kitchens with integrated appliances and large kitchen islands.

    Bathrooms are minimalist and yet inviting — rain showerheads and stylish vanities are standard in all suites, so there’s no worry about missing out on the upgrades.

    20 Richardson Street is located in the west end of the Waterfront neighbourhood, an area that’s seen plenty of condo development in the past, but still has room to grow.

    The Neighbourhood

    Toronto’s Waterfront neighbourhood has been expanding as of late, with more developments doing up along the westerner edge of the neighbourhood. Given that it’s an area that’s previously been underused, investors would be wise to take note of this residence and its considerable potential.

    On the other hand, prospective buyers might be more concerned with what’s already in the neighbourhood, and as much as the Waterfront is appealing, the neighbourhood’s nearby are worth mentioning too.

    Want to buy your groceries at an indoor market? One that’s hailed by tourists and legendary in the city? Of course, and with a home at 20 Richardson Street, you don’t have to wait for grocery runs to go to St. Lawrence Market because it’s actually just a 5 minute walk away. The dining and nightlife options on the Esplanade and Front Street are also at your beck and call, and if that’s not enough, the Entertainment District has everything else.

    Sports fans, culture seekers, and night owls will all find something nearby to suit their fancy, and Toronto’s renowned Distillery District is only a short trip to the north east for even more attractions. For coffee, there’s Starbucks and a number of cafes in the area.

    Nature enthusiasts won’t need to venture far for some quality trails — the Martin Goodman Trail is only minutes form the building. Whether you’re looking for a home with a view of the water or just want to enjoy a downtown lifestyle in a great locale, you’ve come to the right place.

    Transportation

    Love getting errands done with just two feet and a heartbeat? 20 Richardson Street allows for daily errands to be accomplished on foot, with groceries stores close to the building and all of the businesses and shopping options needed for daily life.

    Public transit users have a great starting point for their morning commute; residents have bus stops right outside the building on Lower Jarvis St and can easily connect to streetcars on Queens Quay West and King or connect to Union Station for subway service and Go Transit.

    Toronto isn’t known for having the most driver friendly environment, and that’s probably for the best, but for those needing to use a vehicle to commute, you’d be hard pressed to find a better location; there’s an onramp for the Gardiner Expressway less than 2 minutes away, depending on traffic.

    4

    Listings For Sale

    Interested in receiving new listings for sale?

    17

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    9/10
    Bikeability
    Pedal paradise! You might as well have wheels for feet.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    17,591
    Average Individual Income
    $59,651
    Average Household Size
    0 persons
    Average Age
    5
    Average Household Income
    $101,613
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    39%
    High Rise Apartment
    23%
    Semi Detached
    21%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages
    Tagalog
    1%
    Spanish
    1%
    Mandarin
    8%
    Cantonese
    7%
    Tamil
    1%
    English
    39%
    Indigenous Language
    32%
    Other
    11%
    Education
    High School
    24%
    Apprenticeship
    3%
    University and Above
    36%
    College
    15%
    University Below Batchelor
    3%
    None
    16%
    Major Field of Study
    Personal, Protective & Transportation Services
    2%
    Health & Related Fields
    11%
    Architecture & Engineering
    20%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    7%
    Social Sciences
    11%
    Education
    4%
    Visual & Performing Arts
    3%
    Business Management
    26%

    Price Trends

    Building Trends At Lighthouse East Tower Condos

    Days on Strata

    Units at Lighthouse East Tower Condos spend an average of
    28
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 41 condos in The Waterfront area

    Sold Units

    21
    Units were Sold over the past twelve months

    Rented Units

    69
    Units were Rented over the past twelve months

    Best Value Rank

    Lighthouse East Tower Condos offers the
    ?
    best value out of 41 condos in neighbourhood

    Appreciation Rank

    Lighthouse East Tower Condos has the
    ?
    highest ROI out of 41 condos in neighbourhood

    Rental Yield

    Lighthouse East Tower Condos yields the
    ?
    highest rent prices out of 41 condos in neighbourhood

    High Demand

    Lighthouse East Tower Condos is the
    ?
    most popular building out of 41 condos in neighbourhood

    Transaction Insights at 20 Richardson Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$435,000 - $515,000$445,000 - $585,000$557,000 - $760,000$755,000 - $1,120,000$1,105,000
    Avg. Cost Per Sqft$1,299$1,151$1,090$1,169$1,157
    Avg. Wait for Unit Availability52 Days94 Days72 Days54 Days250 Days
    Ratio of Units in Building23%22%22%30%6%

    Maintenance Fees

    Lighthouse East Tower Condos vs The Waterfront Area

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